Codexis CDXS
NASDAQ CDXS
$1.42 0.00 (-0.35%)
As of: Sep 10, 2026 · 12:37 PM EDT

Codexis (CDXS) Operating Expenses (2010 - 2026)

Codexis (CDXS) posted Operating Expenses of $26.1 million for Q2 2026, up 12.25% on a QoQ basis from $23.3 million in Q1 2026, and down 7.26% year-over-year from $28.2 million in Q2 2025.

Analysis

Codexis (CDXS) Operating Expenses (2010 - 2026) Analysis & Trends

Codexis has reported Operating Expenses for 17 years, with the latest figure at $26.1 million in Q2 2026.

  • On a quarterly basis, Operating Expenses fell 7.26% year-over-year to $26.1 million in Q2 2026; TTM through Jun 2026 was $105.3 million, a 7.93% decrease from a year earlier, with the FY2025 full-year figure at $112.1 million, down 4.87% from the prior year.
  • Operating Expenses was $26.1 million for Q2 2026 at Codexis, up from $23.3 million in the prior quarter.
  • The five-year high for Operating Expenses was $45.1 million in Q3 2022, with the low at $23.3 million in Q1 2026.
  • Average Operating Expenses over 5 years is $32.8 million, with a median of $29.2 million recorded in 2024.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses jumped 60.83% in 2022, then slumped 39.76% in 2023.
  • Over 5 years, Operating Expenses stood at $43.6 million in 2022, then plunged by 39.76% to $26.3 million in 2023, then advanced by 9.59% to $28.8 million in 2024, then declined by 1.55% to $28.4 million in 2025, then retreated by 7.8% to $26.1 million in 2026.
  • The last three Operating Expenses figures came in at $26.1 million (Q2 2026), $23.3 million (Q1 2026), and $28.4 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Thermo Fisher Scientific 224.20 Bn 220.14 Bn 8.34 Bn 9.91 Bn
2 Danaher 142.51 Bn 138.16 Bn 3.61 Bn 2.48 Bn
3 Agilent Technologies 40.40 Bn 38.64 Bn 1.04 Bn 1.43 Bn
4 Illumina 30.73 Bn 29.57 Bn 770.00 Mn 525.00 Mn
5 Revvity 13.63 Bn 12.61 Bn 416.87 Mn 327.55 Mn
6 Bio-Techne 11.27 Bn 11.01 Bn 211.39 Mn 137.12 Mn
7 Bio-Rad Laboratories 10.01 Bn 8.39 Bn 345.80 Mn 273.20 Mn
8 Repligen 9.21 Bn 8.20 Bn 110.04 Mn 190.15 Mn
9 10x Genomics 8.67 Bn 8.12 Bn 112.50 Mn 132.05 Mn
10 Codexis 129.75 Mn 74.83 Mn 11.40 Mn 26.14 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 26.14 Mn
Mar 31, 2026 23.29 Mn
Dec 31, 2025 28.36 Mn
Sep 30, 2025 27.55 Mn
Jun 30, 2025 28.19 Mn
Mar 31, 2025 28.03 Mn
Dec 31, 2024 28.80 Mn
Sep 30, 2024 29.39 Mn
Jun 30, 2024 30.71 Mn
Mar 31, 2024 28.96 Mn
Dec 31, 2023 26.28 Mn
Sep 30, 2023 41.34 Mn
Jun 30, 2023 33.95 Mn
Mar 31, 2023 36.65 Mn
Dec 31, 2022 43.63 Mn
Sep 30, 2022 45.11 Mn
Jun 30, 2022 41.02 Mn
Mar 31, 2022 43.73 Mn
Dec 31, 2021 34.89 Mn
Sep 30, 2021 35.44 Mn